Author: Akintayo Adams

The Bola Ahmed Tinubu-led Nigerian government plans to impose a 5 percent tax on telecommunication, gaming and betting services in the country. This is amid the economic hardship that seems to have no end. This was contained in the Economic Stabilisation Bills recently sent to the National Assembly by the Federal Government. Analysis of the bill indicated that it seeks to introduce excise duties on services such as telecoms, gaming, gambling, lotteries, and betting provided in Nigeria. This means Nigerians using telecoms and betting services would have to pay more as part of the government’s drive to overhaul the country’s…

The Transmission Company of Nigeria (TCN) has revealed that the country supplies 24-hour electricity to neighbouring countries such as Niger, Togo and Benin Republic. This was made known by TCN Chief executive officer, Sule Abdulaziz, who appeared on Channels Television’s Sunday Politics programme. According to him, the electricity supply are consistent and stable in those countries despite the fact that Nigeria could not boast of constant supply of power. We suply power to Togo, Benin and Niger. We supply them power consistently. They get power from Nigeria on 24-hour basis and they’re paying. “Nigerians are getting 24-hour electricity supply. Not everybody. Those…

Former President Olusegun Obasanjo has expressed concern over Nigeria’s slow progress, attributing it to the country’s failure to implement numerous policies. Speaking at an event in Abuja, Obasanjo stated that Nigeria has become a “burial ground” for unimplemented policies, with leaders taking actions that cause setbacks instead of progress. “It is not enough for leaders to have policies or make statements. We are not short of policies in Nigeria,” the Former President said. “Unfortunately, Nigeria has become a burial ground of policies that are either unimplemented or unexecuted. He emphasized that while the nation has no shortage of policies for…

The United Kingdom has deported 44 Nigerian and Ghanaian asylum seekers in its largest single flight deportation to date. This action comes shortly after UK Prime Minister Keir Starmer signed a deal to relocate migrants arriving by small boats to the Chagos Islands. The deportations are part of increased immigration enforcement by the UK government. Since July, the UK has deported over 3,600 people to various countries, although deportations to Nigeria and Ghana have been rare, with only four such flights recorded since 2020. One of the Nigerian deportees from the latest flight stated he was a victim of human…

The Nigerian Customs Service said it has generated ₦4.2 billion as revenue in the first nine months of 2024. This was made known by the Comptroller General of NCS, Bashir Adeniyi during a workshop held in Lagos on Saturday. Adeniyi, represented by the Comptroller Customs Area Controller, Tincan Island Port Command, Dera Nnadi, revealed that the service had already surpassed 2022, and 2023 revenue generation. “What this means is that we have already surpassed our 2023 collection by over ₦1 trillion even though the year has not yet ended. This will enable you to understand the enormity of the progress…

Nigerian striker Victor Boniface experienced an eventful week, culminating in a car crash just hours after scoring Bayer Leverkusen’s winning goal against Frankfurt in the Bundesliga. Boniface, who earlier missed a penalty but later secured Leverkusen’s 2-1 victory, reported surviving the serious accident on his Instagram. The striker, recently under pressure for his performances with the Super Eagles, sustained minor hand injuries and is recovering well. Despite the accident, he remains in good spirits and hopes to return to action soon.

The Nigeria Police Force has arrested demonstrators marking the 4th anniversary of the EndSARS memorial at the Lekki Tollgate in Lagos on Sunday, October 20, 2024. The peaceful protesters were locked up in a black maria, and reports say the police disrupted the march with tear gas and gunfire. As of the report’s time, no official police statement had been released. The gathering commemorates the 2020 #EndSARS protests, where unarmed youths were killed by the military at the same location. Get instant and latest news updates via Our WhatsApp Community, X/Twitter or Google News online channel.

It’s fascinating to know that the wealthiest royal family isn’t the most influential but holds vast resources that even surpass the monarch of the United Kingdom. These royals, who descend from powerful ancient dynasties, continue to thrive as the richest in the modern world, despite the shift towards democracy and widespread wealth distribution. Their immense fortunes come from inherited assets, global influence, and strategic investments. Read || Four places where it is illegal to take pictures Here are the top five royal families who have sustained their wealth through the ages: Maha Vajiralongkorn, King of Thailand King Maha Vajiralongkorn of…

Nigeria’s bid to increase foreign exchange earnings has received a significant boost with Chevron Nigeria Limited (CNL) announcing the discovery of a new oil well producing 17,000 barrels per day in the Niger Delta. The well, named Meji NW-1, is located in Petroleum Mining Lease (PML) 49, co-owned by the Nigerian National Petroleum Company Limited (NNPC) and Chevron. The discovery, described as a “near-field discovery” by Chevron in a statement via S&P Global Commodity Insights, is located in the shallow waters of the Western Niger Delta. Reaching a depth of 8,983 feet and encountering 690 feet of hydrocarbons within Miocene…

Governor Abdulrahman Abdulrazaq of Kwara State has directed the payment of the new minimum wage. The implementation is starting from October 2024. This was contained in a statement signed by the state Commissioner for Finance, Hauwa Nuru. “This decision, which includes consequential adjustments to the relevant salary structures, was made after a successful tripartite meeting between government representatives, the leadership of the Organised Labour in Kwara State — Nigeria Labour Congress (NLC), Trade Union Congress (TUC), and the Joint Negotiating Council (JNC) — and representatives from the organised private sector.” Nuru, who co-chaired the minimum wage committee, expressed appreciation to…